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  1. Turnover in services sector worsens again in Q2

    EconomyMacroeconomy

    indicator released by the European Commission displayed a notable rise of 4.3 points to -4 in august

    12%

  2. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    ambitious targets for the economy, saying that an annual growth rate of 4 percent of GDP is achievable

    12%

  3. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially announced on March 4. This means that the Greek economy’s recession (in nominal terms) was deeper than

    12%

  4. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts

    12%

  5. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    billion included in the first annual accounts notification published on March 4.

    12%

  6. Economic sentiment and consumer confidence markedly improve in October
    Photo by MacroPolis

    EconomyMacroeconomy

    consumer confidence declined at a slower pace by 4 points.

    12%

  7. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    (-11.2 percent), while smaller decreases were recorded in food, beverages and tobacco (-4 percent

    12%

  8. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    trend in the time deposit rate, the weighted average rate on all new deposits edged down by 4 bps

    12%

  9. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . The stock traded ex-dividend on November 4. Coca Cola HBC released a trading update on November 3

    12%

  10. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Production in consumer non-durables and energy decreased by 4 and 2.2 percent respectively

    12%